"The Alcedo Micron, an imported Italian spinning reel first brought to America around 1953, holds a place in fishing tackle history, as it was the first true ultra-light spinning reel. It was an expensive reel--selling for $35 in 1954--and extremely durable. It has developed a cult-like following. Even today, noted anglers like Joe Robinson and Dave Whitlock remove the bails from vintage Alcedo Microns and use them for what is sometimes called "extreme ultra-light" fishing, with 2 pound test line and 1/64-ounce lures. The Micron went through numerous permutations and the latest I can find it offered is 1974. They regularly sell for $125-$200 depending on model and condition. That's a good return on a $.25 investment! A photo of a 1950s Alcedo Micron can be found here."